Glarner Kantonalbank – CHF 125m Tier 2 Bond Issuance
8. Juli 2026
On 2 July 2026, Glarner Kantonalbank successfully issued CHF 125 million Tier 2 bonds with a 1.55% coupon at an issue price of 100.048%. The bonds have a ten-year term to 2 July 2036 and are callable after five years. UBS and Zürcher Kantonalbank acted as joint lead managers, while Glarner Kantonalbank served as co-manager.
Walder Wyss advised Glarner Kantonalbank on the issuance. The team included Valentin Wiesner (Managing Associate, Banking & Finance), Lukas Wyss (Partner, Banking & Finance), Valentin Freiermuth (Associate, Banking & Finance), Vanessa Schranz (Trainee Lawyer, Banking & Finance) and Maurus Winzap (Partner, Tax).